Simpson Thacher Represents Underwriters in Offering of Nordic American Tankers Common Shares
12.19.17
This is only gets display when printing
Simpson Thacher recently represented the underwriters, led by Morgan Stanley & Co. LLC, in connection with a primary offering by Nordic American Tankers Limited of 40,000,000 of its common shares. The underwriters have also been granted a 30-day option to purchase up to an additional 6,000,000 shares. The offering raised gross proceeds of approximately $110 million. Nordic American Tankers’ common shares are listed on the New York Stock Exchange under the ticker symbol “NAT.”
Nordic American Tankers is an international tanker company with a fleet of 33 Suezmax tankers, three of which are to be delivered in 2018.
The Simpson Thacher team included Lesley Peng, Benjamin Heriaud and Eric Wisotsky (Capital Markets); Jonathan Cantor and Drew Purcell (Tax); Jamin Koslowe (Executive Compensation and Employee Benefits); Timothy Mulvihill (Environmental); and Jennie Getsin (FINRA and Blue Sky).